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Reply to "Can I afford this house?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Absolutely not. You're 50 and single. That's too much house, too much work, too much mortgage, and too much taxes. With $3M, you're in a position to be very, very comfortable between now and in retirement. But not if you go blowing a bunch of money on a house you definitely don't need. And especially not some 90-year-old work pit. Spend $600k on a small house, or townhouse or something. [/quote] 600K in DC Metro is a dump, not in a good/safe area or... far out, or a really tini shoddy TH[/quote] Op could go up to $900k, spend $400k less than this house would cost, and get something nice not too far out. [/quote] i was going to say this. 600 is too low. 900 is different, but still low for sfh unless ok with a fixer upper. i would look at luxury townhome communities near good schools and amenities, better for single parents, more community feel[/quote] That does not exist in my area. It’s city w commute to schools or suburbs with a SFH. [/quote]
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